PNM RES INC

Ticker: TXNM CUSIP: 69349H107 Class: EQTY

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 24,364 Value ($000) $1,435 Avg Close $57.71 Range $56.50 - $59.12

Q3 2025

Shares 24,364 Value ($000) $1,378 Avg Close $56.75 Range $56.17 - $57.42

Q2 2025

Shares 24,421 Value ($000) $1,375 Avg Close $54.45 Range $47.69 - $57.29

Q1 2025

Shares 24,421 Value ($000) $1,306 Avg Close $50.19 Range $45.71 - $55.50

Q4 2024

Shares 24,421 Value ($000) $1,201 Avg Close $46.17 Range $42.09 - $50.28

Q3 2024

Shares 24,421 Value ($000) $1,069 Avg Close $40.62 Range $35.70 - $43.81

Q2 2024

Shares 24,421 Value ($000) $903 Avg Close $37.24 Range $35.35 - $38.87

Q1 2024

Shares 16,261 Value ($000) $792 Avg Close $37.20 Range $34.63 - $39.67

Q4 2023

Shares 24,491 Value ($000) $1,019 Avg Close $42.83 Range $41.44 - $44.87

Q3 2023

Shares 24,491 Value ($000) $1,093 Avg Close $44.66 Range $42.75 - $45.94

Q2 2023

Shares 24,361 Value ($000) $1,099 Avg Close $47.06 Range $44.35 - $49.08

Q1 2023

Shares 16,261 Value ($000) $792 Avg Close $49.07 Range $48.36 - $49.60

Q4 2022

Shares 16,261 Value ($000) $793 Avg Close $47.60 Range $45.65 - $49.31

Q3 2022

Shares 13,651 Value ($000) $624 Avg Close $47.57 Range $45.73 - $48.81

Q2 2022

Shares 13,651 Value ($000) $652 Avg Close $46.88 Range $43.43 - $48.32

Q1 2022

Shares 13,651 Value ($000) $651 Avg Close $45.50 Range $43.96 - $48.25

Q4 2021

Shares 13,350 Value ($000) $609 Avg Close $48.07 Range $43.84 - $50.11

Q3 2021

Shares 13,350 Value ($000) $661 Avg Close $48.93 Range $47.50 - $50.01

Q2 2021

Shares 13,350 Value ($000) $651 Avg Close $49.20 Range $48.36 - $49.97

Q1 2021

Shares 15,353 Value ($000) $753 Avg Close $48.55 Range $46.93 - $49.19

Q4 2020

Shares 25,783 Value ($000) $1,251 Avg Close $48.23 Range $40.32 - $50.25

Q3 2020

Shares 42,943 Value ($000) $1,775 Avg Close $41.72 Range $37.30 - $45.70

Q2 2020

Shares 42,943 Value ($000) $1,651 Avg Close $39.95 Range $34.24 - $46.82

Q1 2020

Shares 43,573 Value ($000) $1,656 Avg Close $48.46 Range $27.08 - $56.14

Q4 2019

Shares 48,606 Value ($000) $2,465 Avg Close $50.20 Range $47.23 - $52.98

Q3 2019

Shares 51,876 Value ($000) $2,702 Avg Close $50.49 Range $47.59 - $52.95

Q2 2019

Shares 51,850 Value ($000) $2,640 Avg Close $47.70 Range $44.28 - $52.10

Q1 2019

Shares 62,450 Value ($000) $2,956 Avg Close $43.73 Range $39.71 - $47.92

Q4 2018

Shares 65,780 Value ($000) $2,703 Avg Close $40.99 Range $37.67 - $45.35

Q3 2018

Shares 64,487 Value ($000) $2,544 Avg Close $39.18 Range $37.17 - $40.95

Q2 2018

Shares 64,487 Value ($000) $2,509 Avg Close $38.31 Range $34.95 - $40.73

Q1 2018

Shares 64,627 Value ($000) $2,472 Avg Close $36.63 Range $33.75 - $40.55

Q4 2017

Shares 74,021 Value ($000) $2,994 Avg Close $42.90 Range $39.75 - $46.00

Q3 2017

Shares 79,651 Value ($000) $3,210 Avg Close $40.66 Range $37.23 - $43.05

Q2 2017

Shares 79,651 Value ($000) $3,047 Avg Close $38.05 Range $36.00 - $40.10

Q1 2017

Shares 79,651 Value ($000) $2,947 Avg Close $35.37 Range $33.35 - $37.90

Q4 2016

Shares 79,651 Value ($000) $2,732 Avg Close $32.44 Range $30.95 - $34.53

Q3 2016

Shares 79,651 Value ($000) $2,606 Avg Close $33.44 Range $31.20 - $36.15

Q2 2016

Shares 111,134 Value ($000) $3,939 Avg Close $32.87 Range $30.62 - $35.46

Q1 2016

Shares 108,451 Value ($000) $3,657 Avg Close $31.98 Range $29.22 - $34.07

Q4 2015

Shares 116,880 Value ($000) $3,573 Avg Close $28.66 Range $26.56 - $31.23

Q3 2015

Shares 92,955 Value ($000) $2,607 Avg Close $26.09 Range $24.42 - $28.17

Q2 2015

Shares 92,955 Value ($000) $2,287 Avg Close $26.77 Range $24.49 - $29.78

Q1 2015

Shares 87,931 Value ($000) $2,568 Avg Close $29.12 Range $27.06 - $31.18

Q4 2014

Shares 87,669 Value ($000) $2,598 Avg Close $28.33 Range $24.81 - $31.60

Q3 2014

Shares 80,258 Value ($000) $1,999 Avg Close $26.52 Range $24.26 - $29.94

Q2 2014

Shares 96,278 Value ($000) $2,824 Avg Close $27.94 Range $26.19 - $29.33

Q1 2014

Shares 92,548 Value ($000) $2,502 Avg Close $25.30 Range $23.53 - $27.25

Q4 2013

Shares 102,380 Value ($000) $2,469 Avg Close $23.39 Range $22.02 - $24.53

Q3 2013

Shares 102,380 Value ($000) $2,317 Avg Close $22.75 Range $21.11 - $24.39

Q2 2013

Shares 102,380 Value ($000) $2,272 Avg Close $22.83 Range $21.11 - $24.01

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	24,364	$1,435	$57.71	$56.50 - $59.12
Q3 2025	24,364	$1,378	$56.75	$56.17 - $57.42
Q2 2025	24,421	$1,375	$54.45	$47.69 - $57.29
Q1 2025	24,421	$1,306	$50.19	$45.71 - $55.50
Q4 2024	24,421	$1,201	$46.17	$42.09 - $50.28
Q3 2024	24,421	$1,069	$40.62	$35.70 - $43.81
Q2 2024	24,421	$903	$37.24	$35.35 - $38.87
Q1 2024	16,261	$792	$37.20	$34.63 - $39.67
Q4 2023	24,491	$1,019	$42.83	$41.44 - $44.87
Q3 2023	24,491	$1,093	$44.66	$42.75 - $45.94
Q2 2023	24,361	$1,099	$47.06	$44.35 - $49.08
Q1 2023	16,261	$792	$49.07	$48.36 - $49.60
Q4 2022	16,261	$793	$47.60	$45.65 - $49.31
Q3 2022	13,651	$624	$47.57	$45.73 - $48.81
Q2 2022	13,651	$652	$46.88	$43.43 - $48.32
Q1 2022	13,651	$651	$45.50	$43.96 - $48.25
Q4 2021	13,350	$609	$48.07	$43.84 - $50.11
Q3 2021	13,350	$661	$48.93	$47.50 - $50.01
Q2 2021	13,350	$651	$49.20	$48.36 - $49.97
Q1 2021	15,353	$753	$48.55	$46.93 - $49.19
Q4 2020	25,783	$1,251	$48.23	$40.32 - $50.25
Q3 2020	42,943	$1,775	$41.72	$37.30 - $45.70
Q2 2020	42,943	$1,651	$39.95	$34.24 - $46.82
Q1 2020	43,573	$1,656	$48.46	$27.08 - $56.14
Q4 2019	48,606	$2,465	$50.20	$47.23 - $52.98
Q3 2019	51,876	$2,702	$50.49	$47.59 - $52.95
Q2 2019	51,850	$2,640	$47.70	$44.28 - $52.10
Q1 2019	62,450	$2,956	$43.73	$39.71 - $47.92
Q4 2018	65,780	$2,703	$40.99	$37.67 - $45.35
Q3 2018	64,487	$2,544	$39.18	$37.17 - $40.95
Q2 2018	64,487	$2,509	$38.31	$34.95 - $40.73
Q1 2018	64,627	$2,472	$36.63	$33.75 - $40.55
Q4 2017	74,021	$2,994	$42.90	$39.75 - $46.00
Q3 2017	79,651	$3,210	$40.66	$37.23 - $43.05
Q2 2017	79,651	$3,047	$38.05	$36.00 - $40.10
Q1 2017	79,651	$2,947	$35.37	$33.35 - $37.90
Q4 2016	79,651	$2,732	$32.44	$30.95 - $34.53
Q3 2016	79,651	$2,606	$33.44	$31.20 - $36.15
Q2 2016	111,134	$3,939	$32.87	$30.62 - $35.46
Q1 2016	108,451	$3,657	$31.98	$29.22 - $34.07
Q4 2015	116,880	$3,573	$28.66	$26.56 - $31.23
Q3 2015	92,955	$2,607	$26.09	$24.42 - $28.17
Q2 2015	92,955	$2,287	$26.77	$24.49 - $29.78
Q1 2015	87,931	$2,568	$29.12	$27.06 - $31.18
Q4 2014	87,669	$2,598	$28.33	$24.81 - $31.60
Q3 2014	80,258	$1,999	$26.52	$24.26 - $29.94
Q2 2014	96,278	$2,824	$27.94	$26.19 - $29.33
Q1 2014	92,548	$2,502	$25.30	$23.53 - $27.25
Q4 2013	102,380	$2,469	$23.39	$22.02 - $24.53
Q3 2013	102,380	$2,317	$22.75	$21.11 - $24.39
Q2 2013	102,380	$2,272	$22.83	$21.11 - $24.01